Unique Investment Opportunity With Development Potential In Génova, Mallorca
6 Beds
6 Baths
4,521 Sqft
27,664 Sqft lot
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About the Property
Located on the peaceful outskirts of the highly sought-after village of Génova, just minutes from Palma, this exceptional property sits on a generous plot of approximately 2,571 m2 and offers outstanding potential for redevelopment or bespoke transformation. The estate comprises two existing buildings with a total constructed area of approximately 420 m2, currently distributed between a main b
Located on the peaceful outskirts of the highly sought-after village of Génova, just minutes from Palma, this exceptional property sits on a generous plot of approximately 2,571 m2 and offers outstanding potential for redevelopment or bespoke transformation. The estate comprises two existing buildings with a total constructed area of approximately 420 m2, currently distributed between a main building and a secondary structure registered as stables. Thanks to multiple independent access points and a versatile layout, the property presents a wide range of possible uses, from a spacious private residence to a multi-unit project or combined residential and hospitality concept. The main building, formerly registered as a restaurant with an adjoining residence, features a flexible interior layout including: 3 bedrooms 3 bathrooms 2 kitchens 2 separate living and dining areas On the lower level, a self-contained guest apartment offers: 3 bedrooms, all with en-suite bathrooms A spacious open-plan kitchen and living area This independent unit is ideal for guests, staff accommodation, or rental use. The expansive outdoor areas benefit from established landscaping and can be further developed into gardens, leisure zones, or additional amenities according to the buyer’s vision. The second building (approx. 100 m2), currently registered as stables, adds further scope for conversion or alternative use. Additional features include diesel heating and a private well with seasonal water supply (currently supplemented by tanker deliveries, as there is no connection to the municipal water network).
Important: The existing buildings require legal regularisation. This aspect is reflected in the pricing and offers a significant opportunity for experienced buyers or investors to create a customised project in a prime location.
Génova is a small, elevated residential village on the western hillside above Palma, sitting at roughly 100 metres above sea level with clear views across the bay. It occupies a distinct position between the city and the Serra de Tramuntana foothills, giving it a quieter, more residential character than central Palma while remaining genuinely close to it. The architecture is a mix of traditional Mallorcan stone houses and mid-century villas, and the village retains a local identity that larger resort areas on the island have largely lost.
The village centre has a small cluster of restaurants, most notably Ca’n Pedro, a long-established Mallorcan grill that draws both locals and Palma residents. The Carrefour in nearby Son Armadans covers daily shopping. Palma’s old town, the Passeig del Born, and the Santa Catalina market are all within a ten-minute drive.
Génova sits approximately four kilometres from central Palma, a drive of around ten minutes via the Ma-1015. Palma’s main bus network connects the village to the city centre. Palma de Mallorca Airport is roughly fifteen kilometres from Génova, reachable in twenty to twenty-five minutes by car, and operates year-round international routes to most major European cities, with significantly expanded connections from spring through autumn.